Australia invested $250,000 into Blockchain this year, thanks to Prime Minister Malcolm Turnbull (Cointelegraph).
Industry leaders’ opinions on crypto/blockchain and how it relates to the revolutionary introduction of the internet (Cointelegraph).
The bank won a patent called “‘system for managing security and access to resource sub-components’ [which] explains how security tokens (essentially electronic keys, distinct from blockchain-based assets that mimic physical securities) would be used to grant access to certain users to the information contained in a particular block. According to the text, the system would be automated, effectively meaning that the network itself would grant and track access” (Coindesk).
Senator Matt Dolan may successfully change sections of the Uniform Electronic Transactions Act, in Senate Bill 300, to include blockchain records and smart contracts as electronic records, allowing the technology to be used to store electronic information and provide ownership rights (Coindesk).
In a competition for the Democratic nomination in the upcoming Congressional race for California’s 45th district, Dave Min targets democrat Brian Forde’s donors, calling them “Bitcoin speculators that oppose cracking down on drug deals and human trafficking” (Hard Fork).
Financial writer defends, and elaborates on, Bitcoin’s value (Forbes).
A 13 year-old-boy was abducted from a playground and the abductors left note demanding £92,000 worth of cryptocurrency for his release (The Guardian).
After reaching $1 billion revenue mark in 2017, the cryptocurrency exchange has bigger plans to dominate a crypto economy, and “is poaching key executives from Silicon Valley giants and making big investments in venture capital, index fund and institutional investor businesses” (CNBC).
One month after an Islamic scholar declared the cryptocurrency permissible under Sharia Law, the Shacklewell Lane Mosque in Hackney is accepting Bitcoin and Ethereum in hopes of raising at least £10,000 in cryptocurrency donations over Ramadan (The Independent).